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When Should I file for a Modification of Alimony?

orlando florida alimony lawyers

If you have recently lost your job or had a reduction in income, you may be able to request a modification of your alimony obligation. Alternatively, if you have reached retirement age or are looking to slow down or retire from your current positions, you may want to consider a modification of alimony. When filing for a Modification of alimony, you must demonstrate to the court a (1) substantial change in circumstances, (2) that was not contemplated at the time of the entry of the agreement or Final Judgment, (3) that is sufficient, material, involuntary, and permanent in nature has...

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Top 10 Common Divorce Related Questions

contested divorce family law lawyer orlando florida

1. How is a divorce case started? One party must file a Petition for Dissolution of Marriage to start the divorce proceedings. Once the Petition is filed, the other spouse is served with a copy of the divorce petition by a process server. The spouse that was served then has 20 days to file an answer to the divorce petition. Once an answer is filed the parties have 45 days to exchange mandatory disclosure, which includes financial information such as bank statements and tax returns. Once mandatory disclosure is exchanged, the parties typically attend mediation. 2. Do I gain an advantage if...

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Tax Consequences of Alimony from an Orlando Alimony Attorney

orlando florida alimony lawyers

When it comes to selecting an Orlando Alimony Attorney, it is important that you discuss with your attorney the potential tax consequences that occur in a divorce. When dealing with alimony there are specific IRS codes that make alimony taxable or tax deductible, depending on whether you are paying or receiving alimony. Additionally, it is important to discuss how the tax consequences may affect the settlement agreement that is entered into by the parties. This is an area of law that many divorce or family law attorneys may not be familiar with, so it is important to also discuss your...

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